According to the public record, 2, Causey Brae, Hexham is a mid-century freehold house with 1,553 ft2 of internal area and sits on a 306 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Causey Brae, Hexham, NE46 is located within the NE46 postal district.
2, Causey Brae, Hexham has a single entry in the Land Registry database from June 2020 and a single entry in the EPC database dated November 2010.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 2 Causey Brae Hexham as £319,950 and the rental value as £1,310 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 2 Causey Brae Hexham has increased by £3,558 (1.1%) and its rental value has increased by £168 per month (12.9%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2, Causey Brae, Hexham is in very good condition we estimate a sale value of £335,948 and rental value of £1,376 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £297,554 and a rental value of £1,218 per month.
If you were able to purchase this property for the estimated value of £319,950, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,572 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 2, Causey Brae, Hexham sits on a plot of 306m2.
We have plot size data on 3 out of 9 other houses in the postcode and 2, Causey Brae, Hexham sits on the 2nd largest plot.
According to HM Land Registry, 2, Causey Brae, Hexham was last sold on 17 Jun 2020 for £208,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2020, the market for similar properties has risen 16.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Causey Brae, Hexham within a radius of 720 metres over the last 2 years.
The most recent example is 7, Crescent Avenue, Hexham, NE46 3DP, a Freehold house which sold for £290,000 in Jun 2023.
Read more about house prices in NE46.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Causey Brae, Hexham, NE46 has a total of 9 addresses. According to our analysis of all the public data, 2, Causey Brae, Hexham is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £279 less expensive than the average property in NE46.
2, Causey Brae, Hexham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Nov 2010.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 2, Causey Brae, Hexham is Hexham station which is 1.5 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Causey Brae, Hexham, 39.4% of property is socially rented and 28.9% is privately owned outright.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 2, Causey Brae, Hexham, 11.4% of residents are recorded as possessing school level qualifications and 25.2% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Causey Brae, Hexham, the average age was 47.7 and the most common age was 62.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 2, Causey Brae, Hexham, 0.0% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 2, Causey Brae, Hexham, there are an average of 1.2 cars per household.
See below for how this compares to North East and the rest of England & Wales.